Businesses today are very aware that the corporate sustainability spectrum has broadened to be all encompassing. Gone are the days where sustainability was perceived to relate only to matters of climate change, environmental impacts and how corporates gave back to communities in which they operated.
Fast forward to the present day, where increased emphasis has been placed on the sustainability agenda to include governance and ethics, the health and well-being of employees, gender pay gaps, third party supply chain risks and consumer sentiment towards greener and more responsible living, amongst others.
With the advent of digital social platforms and review channels, consumers have greater influence on organisations’ sustainability strategies. Collective buying power is dictated by consumer needs and feedback, and the subsequent responses and sentiments by organisations to these. It is no longer a question of what is morally right, but rather what is morally required.
At Grant Thornton we are uniquely positioned to help you with your sustainability agenda, regardless of where you are in the journey.
